Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Located in the state of Indiana, Sheridan is a smaller city with a population of 3,558 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Sheridan could be considered less diverse than other cities. Sheridan is very likely to be a great place to live for singles as only 48%, of the population (over fifteen) are classified as married. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Sheridan your home, your one-way commute time will typically last around 27 minutes, a duration that aligns with the national average commute time of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Sheridan could be a positive experience compared to other cities in Indiana if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, cost of living, employment, you can easily compare the best places to live in Sheridan and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Sheridan to Indiana and the national average.
With a livability score of 66/100, Sheridan is ranked #11,060 in the United States and #271 in Indiana. If we dig down a little deeper into each category within the livability score, we see that Sheridan has higher than average grades for the following: crime (A+) and housing (A+). On a less positive note, Sheridan does not have favorable grades for the following: amenities (F) and employment (F). If we take a look at the data, we can find out why.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Sheridan apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Sheridan is actually affordable. Median real estate prices in Sheridan come in at $250,309, which is 10.3% higher than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Sheridan, the home price to income ratio is 3.9, which is 30% higher than the Indiana average.
| Statistic | Sheridan | Indiana | National |
| Average one way commute | 27min | 23min | 26min |
| Workers who drive to work | 78.6% | 83.0% | 76.4% |
| Workers who carpool | 16.5% | 8.9% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 3.0% | 2.1% | 2.8% |
| Working from home | 1.7% | 3.5% | 4.6% |
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